AdEx (ADXBTC) is getting ready to grow... After the impulse on the 5-Oct. a classic retrace followed which is now complete.
We can see an increase in trading volume.
Trading above EMA10 and EMA50.
RSI above 50.
Retraced to 0.786 Fib. from the last bullish wave.
Our last trade idea for AdEx is showing over 84% of growth... See it...
AdEx (ADXBTC) is breaking out of a falling wedge and moving above EMA10 (0.00000773) with good strength and volume, so we can expect additional bullish action here.
You can find our targets clearly marked on the chart above.
Remember to always have a plan, use a stop-loss, when you trade.
Thanks a lot for reading.
Patience is key and it does pay.
Our trade for AdEx (ADXBTC) was shared a month ago here on Trading View... Today ADXBTC had a massive breakout which produced over 80% of growth... See it here:
This is just the initial breakout, additional bullish...
The priceline of AdEx / Bitcoin has retraced between 0.618 to 0.786 Fibonacci to form some harmonic pattern.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
We have 100 simple moving average support beneath potential reversal zone.
MACD is turned weak bearish from strong bearish.
Stochastic has given bull...
Good day folks, so this weekly candle looks really ugly.
We are back at the opening of the weekly candle and it looks like it could pop to the down side. If we take in consideration the ADX, the -Di (red line) is ready to cross +DI (green line), the last time thos two lines crossed it gave us this last bull run up till now, on weekly bases. ADX, the bars you see...
Priceline of AdEx / Bitcoin is moving within a down channel and hitting the support after Nov 2019.
MACD is turning bullish.
RSI is oversold.
Stochastic has given bull cross.
Ichimoku cloud is bearish now getting squeezed.
I have defined targets using Fibonacci sequence:
Sell between: 0.00002139 to 0.00003644
Atif Akbar (moon333)
AdEx (ADXBTC) printed the Bottom & Eve pattern, one that we have been seeing lately and the same one that Bitcoin (BTCUSD) produced after it hit its December 2018 low.
After the Bitcoin chart produced this pattern, its price grew from ~$3,333 to $13,000 plus.
AdEx can also have massive growth and here we are looking at an imminent breakout scenario... It can...